THE recently-appointed
Last month, Lands, Agriculture, Water and Rural Resettlement Minister Dr Anxious Masuka announced a new
Speaking by telephone yesterday, Mr Jabangwe said the new board's strategic thrust would be to transform
"With regards to
"Our key objectives are as follows: transforming
"This is to ensure that it does not continuously depend on the Presidential Inputs Scheme so that the cotton crop is sustainable as other commercial crops that are grown in
Since 2015,
Mr Jabangwe said it was imperative to improve the operational efficiency of the company adding that in doing so, the farmers should be adequately compensated for the production of the white gold.
"This will be done in various ways perhaps introducing new varieties, introducing climate proofing cotton product and adoption of best management practices in cotton.
"In that respect, for the impact of cotton to really be significant, the other objective is to increase the output of seed cotton to 300 000 tonnes annually from the current 85 000 tonnes," he said.
While improving the operational efficiency of
"So, we will be looking at how we can support all those players within the cotton value chain to ensure there is a full benefit being derived from that crop for the economy and
Last year,
The firm almost went into liquidation in 2014 after the management declared the company technically insolvent.
However, the Government through inputs subsidies helped the company to get back on its feet.
In the past few years, intake figures for
This helped national output expanding to 142 000 tonnes from 28 000 tonnes, the lowest yield in nearly two decades.
Last year, Government set aside more than
Copyright The Herald. Distributed by AllAfrica Global Media (allAfrica.com)., source